Word: lende
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Dates: during 1940-1949
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...official statement, notably clear, a U.S. top committee of three* last week outlined the proposed future schedule of Lend-Lease...
Temporary Shelter. Until Germany's defeat, Lend-Lease supplies to Britain will be continued at the present rate, about $5 billion a year. But immediately after V-E day, Lend-Lease will be whittled down to about 43% of this sum. The new V-E schedule will supply war materials needed by Britain to continue the fight against Japan. In addition, Lend-Lease goods aimed at easing the hard lot of the war-weary British civilians will then be made available in larger quantities. The two principal items for civilians: 1) more foodstuffs to implement the dreary diet Britons...
Temporary Trade. To a large extent this new schedule of Lend-Lease after V-E day removed a ticklish problem that had worried the British industrialists. Under the terms of Lend-Lease, British manufacturers were barred from using Lend-Lease raw materials in the manufacture of goods for commercial exports. As Lend-Lease tapers off, British industries will be free to purchase the raw materials needed to produce finished goods for their foreign customers. Example: iron & steel will probably be removed from the list of Lend-Lease shipments after Jan. 1, 1945, and put on the list of items British...
...ranch and at Montana State University), Zemke turned to the Army Air Corps soon after graduation in 1936 and became a Regular Army officer. After his marriage (he now has a two-and-a-half-year-old son) and before Pearl Harbor, he went to England to demonstrate Lend-Lease Tomahawks, did the same in "Russia before being put in command of one of the first U.S. fighter groups to go to England...
This foreign hoard has piled up for several reasons: while the U.S. has been Lend-Leasing goods and weapons to some nations, it has had to plunk out cash to import huge quantities of raw materials and stockpile supplies in foreign countries. Another drain on the U.S. is to the 6,000,000 U.S. servicemen abroad. Although the U.S. is now exporting $14 billion in goods a year, the Board pointed out that only some 50% of this is for cash. The rest is Lend-Lease. In fact, excluding Lend-Lease operations, the U.S. has had an "unfavorable" balance...